3 ms·

I was already skeptical in general of articles about Apple doom -- we've seen those for decades. This year, I'm extra suspicious of any articles that lead with

by ken 8y ago

I was already skeptical in general of articles about Apple doom -- we've seen those for decades. This year, I'm extra suspicious of any articles that lead with a chart of Apple stock, without showing for comparison the stock market overall. Every company is suffering right now. AMZN, MSFT, FB, NFLX, and GOOG are all down 20-40% from their respective peaks 3 months ago, yet nobody seems to see reason to write articles saying that, say, Amazon's latest offerings are strategic errors.

rconti 8y ago
I suspect you haven't read the article and stopped after glancing at the first graph. While the graph was, as you say, without context, the point was to illustrate numerous other stock hits due to iPhone misses.
- ken 8y ago
  No, I never comment without reading the article. But it strikes me as no different from any other divination. If it's true that "these errors really were predictable", why are they writing only after the fact, and why only about Apple? Every time a stock goes up, down, or stays level, journalists and bloggers come up with some justification for it, and say that it was obvious in hindsight. It's usually plausible, but if it's so obvious, why can't they ever predict it? If in Apple's case it's all because of product/market issues with the iPhone line, then why does it happen to correlate almost exactly with the Dow losses? Is this really an Apple error at all? Is Apple failing because they can't weather the same storm as everyone else without even getting wet?
  - addicted 8y ago
    The author is largely quoting his own historic posts to make his point. Whatever flaws the author's argument may or may not have, all the 3 points he presents were points he had made in the past, and not after the fact.
ksec 8y ago
I don't think Amazon, MSFT, FB or Netflix has issued a Warning in Guidance ( yet ). Not to mention Apple, compared to others had a very low market P/E, and it still fall. Stocks Market buys into Companies future, not present. And that is the problem, they have never seen much headroom for Apple, but lots of downsides.

by ken 8y ago

rconti 8y ago

I suspect you haven't read the article and stopped after glancing at the first graph. While the graph was, as you say, without context, the point was to illustrate numerous other stock hits due to iPhone misses.

ken 8y ago
No, I never comment without reading the article. But it strikes me as no different from any other divination. If it's true that "these errors really were predictable", why are they writing only after the fact, and why only about Apple? Every time a stock goes up, down, or stays level, journalists and bloggers come up with some justification for it, and say that it was obvious in hindsight. It's usually plausible, but if it's so obvious, why can't they ever predict it? If in Apple's case it's all because of product/market issues with the iPhone line, then why does it happen to correlate almost exactly with the Dow losses? Is this really an Apple error at all? Is Apple failing because they can't weather the same storm as everyone else without even getting wet?
- addicted 8y ago
  The author is largely quoting his own historic posts to make his point. Whatever flaws the author's argument may or may not have, all the 3 points he presents were points he had made in the past, and not after the fact.

ksec 8y ago

I don't think Amazon, MSFT, FB or Netflix has issued a Warning in Guidance ( yet ). Not to mention Apple, compared to others had a very low market P/E, and it still fall. Stocks Market buys into Companies future, not present. And that is the problem, they have never seen much headroom for Apple, but lots of downsides.